Qatar targets long-term and spot LNG markets
World leader advances its strategy to commercialise existing and planned export upgrades
Qatar Petroleum (QP) has been making major inroads to secure a variety of buyers for its long-term LNG supplies ahead of major production increases. While other Mid-East Gulf NOCs, notably Saudi Aramco and the UAE’s Adnoc, have already made such strides to guarantee the ability to place their crude oil and products, particularly in Asia, state-owned QP is belatedly joining the party, albeit with a focus on gas. With demand for hydrocarbons uncertain due to the potential lasting impacts of the Covid-19 pandemic and a push towards cleaner energy—led by Europe, but gathering momentum too in North America and Asia—bringing trading in-house is expected to offer producers greater control and flex
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6 March 2026
The March 2026 issue of Petroleum Economist is out now!
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After Europe’s rapid buildout of floating LNG import capacity, Exmar CEO Carl-Antoine Saverys says future growth in floating gas infrastructure will increasingly be driven by developing markets as lower prices, rising energy demand and the need to replace coal unlock new opportunities for unconventional and tailor-made solutions
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Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
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The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
